"The global financial crisis has not bottomed yet. The impact is spreading globally and deepening," said Zhang Pin, head of the national development commission. "Excessive bankruptcies and business closures will cause massive unemployment and stir social unrest".
All great economics problems cause massive change and not usually a good kind
"What happens when China attacks Japan? Will the US retaliate on our behalf?"
WWIII that is what happens.
Russia is a hostage to oil prices. If Urals oil stays below $50 a barrel for long, we are going to see an earthquake of one kind or another.
Likely to happen sooner then later.
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